Atlas Engineered Announces Grant of Options
May 04, 2026
May 4, 2026 - Nanaimo, British Columbia / Atlas Engineered Products (“Atlas”, “AEP” or the “Company”) (TSX-V: AEP; OTC Markets: APEUF) announced today that it has granted a total of 400,000 incentive stock options to the independent directors of AEP in accordance with the Company’s stock option plan.
Each independent director will receive 100,000 incentive stock options. Each option is exercisable to acquire one common share of the Company at a price of $0.67 per share, being the closing price of the Company’s common shares on the TSX Venture Exchange on May 1, 2026. The options will vest and become exercisable in three equal tranches every 6 months over a period of 18 months from the grant date, and will expire on May 4, 2031 in accordance with the Company’s stock option plan. The last option grant to independent directors was August 21, 2024.
About Atlas Engineered Products Ltd.
AEP is a growth company that is acquiring and operating profitable, well-established operations in Canada’s truss and engineered products industry. We have a well-defined and disciplined acquisition and operating growth strategy enabling us to scale aggressively and apply new technologies, giving us a unique opportunity to consolidate a fragmented industry of independent operators.
For additional information please contact:
Jake Bouma, Representative for AEP
Phone: 1-604-317-3936
Email: [email protected]
Company contact details:
Hadi Abassi, CEO & President, Founder
Atlas Engineered Products Ltd.
Email: [email protected]
Phone: 1-250-754-1400
PO Box 37036 Country Club PO}
Nanaimo, BC V9T 6N4
www.atlasengineeredproducts.com
FORWARD LOOKING INFORMATION
Information set forth in this news release contains forward-looking statements. These statements reflect management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Although AEP believes that the expectations reflected in the forward looking statements are reasonable, there is no assurance that such expectations will prove to be correct, or that such future events will occur in the disclosed time frames or at all. AEP cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond AEP’s control. Such factors include, among other things: risks and uncertainties related to the housing market, changes in interest rates and other risks and uncertainties relating to AEP, including those described in the Management’s Discussion and Analysis (“MD&A”) for AEP’s three and nine months ended September 30, 2025. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, AEP undertakes no obligation to publicly update or revise forward-looking information.
SELECTED FINANCIAL INFORMATION
Except as noted below, the financial information provided in this news release is derived from the AEP’s audited financial statements for the three and nine months ended September 30, 2025 and the related notes thereto as prepared in accordance with International Financial Reporting Standards (“IFRS”) and related IFRS Interpretations Committee (“IFRICs”) as issued by the International Accounting Standards Board (“IASB”). A copy of AEP’s financial statements for the three and nine months ended September 30, 2025 and the related Management’s Discussion and Analysis is available on AEP’s website at www.atlasengineeredproducts.com or on SEDAR at www.sedar.com.
Financial information for AEP’s acquisitions are included in AEP’s unaudited financial statements from the date of acquisition. Financial information for acquired businesses for periods prior to the date of acquisition were prepared by management and have not been reviewed or audited by independent auditors.
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